Nike sells Umbro, Middle class wave, ASOS profits, Philosophy designer, Vogue documentary

Wang Leehom for Coach | Source: Coach

Nike sells Umbro brand to Iconix (FT) “Iconix Brand Group has agreed to buy Nike’s Umbro sports apparel and footwear unit for $225m in cash, marking the fashion brand’s second deal with the US sportswear group.” Accessible Luxury Brands Ride China’s Middle-Class Wave (Jing Daily) “As the battle rages on between high-end and high-street brands in mainland China and Hong Kong, one ongoing trend to watch is the

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Asia calls time, Garment District ideas, Singer returns to Vogue, Anya on luxury, JM Weston

Tadashi Yanai | Source: Fast Retailing

Asia calls time on Swiss watches (FT) “Swiss watch exports fell in September for the first time in almost three years as demand from consumers in Asia dropped sharply, raising questions about the immediate prospects of Europe’s luxury goods companies.” A Garment District With Some Big Ideas (NY Times) “What to do about Manhattan’s shrinking garment district has been a point of debate among designers and their

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Amazon mantra, Stake in Osklen sold, Burberry confirms slowdown, Uniqlo’s fight, The Shot

Amazon screen shot | Source: Amazon.co.uk

Fashion tests Amazon mantra of low prices (FT) “Amazon’s well-drilled executives can usually be relied on to repeat the company’s mantra of eliminating costs and waste to offer consumers lower prices. Cathy Beaudoin gets to be different… So instead, in a striking departure from Amazon’s usual talking points, she says: ‘Price is not really a differentiation for us … We maintain the pricing integrity that our

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Colin’s Column | Remembering Diana Vreeland

Remembering Diana Vreeland | Photo: Priscilla Rattazzi, dianavreeland.com

To coincide with the release of the documentary film “Diana Vreeland: The Eye Has To Travel”, contributing editor Colin McDowell recalls the legendary editor of Harper’s Bazaar and Vogue. LONDON, United Kingdom — I first met Diana Vreeland at lunch in an Italian castle just outside Rome in the late 70s. It was a hot and sultry day and, although everyone there spoke English, albeit heavily accented in many cases, I think she was

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Zombie malls, Kors profit rises, American Apparel sales up, Rodriguez’s role, First cover

Keeping zombies out of the mall (FT) “The Garrard Street mall in Reading, a 40-minute drive from west London, is a warning to developers everywhere. Abandoned and soon to be demolished as part of a broader redevelopment… A lethal combination of thrifty consumers and a commercial real estate slump have turned malls into the walking dead of retail.” Michael Kors 1st-qtr profit rises, raises forecast (Reuters)

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Price inflation, Luxury losing its lustre, River Island strategy, Paris Vogue facelift, Peter Marino

Models at the closing ceremony | Source: Telegraph

Faster, higher, stronger: luxury pricing goes for gold (Reuters) “Analysts say prices in the luxury industry have surged from 2001 to 2011 and will keep rising faster than broader prices. Thomas Mesmin at Cheuvreux estimates that prices for fashion and leather goods rose 62 percent in that period, while watches and jewelry have risen 78 percent. Euro zone inflation has totaled just 26 percent over the 11 years.” Luxury

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Kors crushes earnings, Esprit plummets, Inditex defies crisis, Louboutin woes, Vogue Ukraine

Michael Kors Spring/Summer 2012 | Source: Lelima

Kors Crushes Earnings: Will the Growth Continue? (Daily Finance) “Shares of design house Michael Kors popped on the open today, with the stock climbing more than 5%. The luxury-goods retailer reported fiscal fourth-quarter earnings that beat on both the top and bottom lines.” Clothing retailer Esprit’s shares slide 23 percent as CEO quits (Reuters) “Shares of Esprit Holdings Ltd fell by nearly a quarter on

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Vogue’s global pledge, LVMH suffers setback, Facebook prices shares, Love of lace, Marc Jacobs

Vogue Editors | Source: Front Row Mode

Vogue promises to ban underage or ill models (Guardian) “The editors of the 19 editions of Vogue magazine worldwide have added their voices to efforts to tackle eating disorders and the use of underage girls in the modelling industry.” LVMH suffers partial setback in eBay court challenge (Reuters) “French luxury goods company LVMH suffered a setback in its attempts to stamp out counterfeit trading on eBay, as a

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The Vogue Festival Draws A Crowd

Vogue 'Cover' Shots | Source: Susana Lau, Style Bubble

British Vogue editors, normally ensconced behind their desks at Vogue House or off on fashion shoots in far flung locales, were zipping around with clipboards, cue cards and headsets, each playing their part in the first ever Vogue Festival.

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The Creative Class | Francesca Burns, Stylist

LONDON, United Kingdom — “I’m not that prim woman stylist. I don’t think I’ve ever done a picture that you couldn’t actually wear,” says Francesca Burns, the platinum blond Londoner who has styled countless cool girls, from Dree Hemingway to Lara Stone, and six months ago, was named fashion editor of British Vogue. “I love a shoot in which the girl is completely real; she’s just outside your reality. It feels convincing and you

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Fung Brands eyes Rykiel, Hidden wealth, Tod’s woes, Vogue maintains position, Patrik Ervell Q&A

Hermès Spring/Summer 2008 | Source: Nirali

Sonia Rykiel in talks with investor Fung Brands (Reuters) “Sonia Rykiel, one of the last family-controlled French fashion houses, is in exclusive talks with privately held Fung Brands which could lead to the investment firm taking an 80 percent stake in the company to help it expand internationally.” China’s Hidden Wealth Feeds an Income Gap (NY Times) “Wealthy Chinese are snapping up gold, Rolls-Royces and

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Asian engine, Menswear market growth, Online in India, Vogue archive, Oliver Spencer

Prada store Hong Kong | Source: Hong Kong Hustle

Across Asia, an Engine of Growth for Luxury Firms (IHT) “Europe is struggling to contain a spiraling debt crisis, the U.S. economy is beset with high unemployment, and emerging Asian economies are growing less rapidly. But none of this is killing off Asian shoppers’ taste for luxury goods. Companies like Burberry, Hugo Boss and Prada have continued to strike an upbeat tone on Asia in recent weeks, despite the havoc that debt

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Carine Roitfeld marks 30 years, Ted Baker up, Fashion and technology, Queen of the glossies, Pioneering Pernet

"Irreverent" by Carine Roitfeld | Source: NY Times

A Super-Stylish Vampire (IHT) “If the definition of a vampire is a pallid, blood-sucking monster with frightening fangs, Carine Roitfeld, former editor of French Vogue and a pivotal figure in the fashion world, does not seem to fit the bill… ‘Why a book — especially for someone like me who hates looking back?’ Ms. Roitfeld asked herself… ‘It marks 30 years. The end of a chapter is a good moment —

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